Terms & Conditions
$1,000 Close-on-Time Guarantee
The $1,000 Close-on-Time Guarantee applies to eligible purchase transactions where Pure Rate Mortgage LLC is the originating lender and the borrower has provided all requested documentation in a timely manner.
If your closing is delayed beyond the contract closing date due to a qualifying delay caused by Pure Rate Mortgage, you may be eligible to receive $1,000, subject to the conditions below.
- Applies to eligible purchase transactions only — not refinances.
- The borrower must submit all required documentation within the timeframes requested by Pure Rate Mortgage.
- The guarantee does not apply to delays caused by the seller, the borrower, third parties (including appraisers, title companies, HOAs or inspectors), acts of God, or conditions outside Pure Rate Mortgage's control.
- The guarantee does not apply to loan programs, property types or transactions deemed ineligible by Pure Rate Mortgage or its underwriting guidelines.
- Pure Rate Mortgage reserves the right to modify or discontinue this guarantee at any time.
This is not a commitment to lend. Not all applicants will qualify. Contact us for full program details.
Pure Rate Mortgage LLC | NMLS #2578474. Equal Housing Opportunity.
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